Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.23.2
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Product Group
The following table presents the Company's revenues, disaggregated by product group from continuing operations:
Three Months Ended June 30, Six Months Ended
June 30,
(in thousands) 2023 2022 2023 2022
Fiberglass and steel liquid storage tanks and separation equipment $ —  $ —  $ 50  $ 113 
Heavy wall seamless carbon steel pipe and tube 10,299  12,094  22,686  24,498 
Stainless steel pipe and tube 29,003  43,486  60,236  86,957 
Specialty chemicals 21,363  29,020  45,112  56,741 
Net sales $ 60,665  $ 84,600  $ 128,084  $ 168,309 
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction The following table represents the Company's revenue recognized at a point-in-time and over-time:
Three Months Ended June 30, Six Months Ended
June 30,
(in thousands) 2023 2022 2023 2022
Point-in-time 57,387  77,127  $ 120,302  $ 153,620 
Over-time 3,278  7,473  $ 7,782  $ 14,689